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Property Price Trends
Speedwell Rd, Ipswich
IP2 0LQ Ipswich District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the IP2 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
IP2

Most Expensive Property
£893,397
332 Wherstead Road, IP2 8LF
Sold: 31 October 2023

Cheapest Property
£67,000
The Spectrum Flat 306 Dunlop Road, IP2 0UJ
Sold: 24 November 2023

£226,000
The average house price in Ipswich was £226,000 in November 2024 (provisional), similar to the revised figure for November 2023. Across the East of England, the average house price rose slightly by 2.0% over the same period.
£931
Private rents rose to an average of £931 in December 2024, an annual increase of 8.9% from £855 in December 2023. This was higher than the rise in the East of England (8.4%) over the year.
£200,000
The average price paid by first-time buyers was £200,000 in November 2024 (provisional). This was in line with the average in November 2023 (revised).
£231,000
For homes bought with a mortgage, the average house price was £231,000 in November 2024 (provisional). This was similar to the average in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Ipswich, E07000202). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in IP2 0LQ?
The graph below shows the five-year capital growth figures for properties for the IP2 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in IP2 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Suffolk?
Homebuyers:
For homebuyers in Suffolk, the property market has seen a steady increase in house prices over the past year. According to the latest data, the average house price in Suffolk is £325,000, with areas like Ipswich (IP1) and Bury St Edmunds (IP33) showing the highest demand. Availability of housing stock has been relatively stable, but with a slight decrease in recent months, leading to increased competition among buyers. Popular areas for homebuyers include Woodbridge (IP12) and Aldeburgh (IP15), known for their picturesque surroundings and good transport links. Overall, Suffolk offers a variety of property types, from historic cottages to modern apartments, making it an attractive option for those looking to buy a home.
Renters:
For renters in Suffolk, the rental market has seen a slight increase in rent prices, with the average monthly rent standing at £900. Towns like Sudbury (CO10) and Stowmarket (IP14) have shown high rental demand, particularly for one or two-bedroom properties. Availability of rental properties has been fairly consistent, with a good range of options available for renters. Popular areas for renters include Hadleigh (IP7) and Felixstowe (IP11), known for their coastal location and vibrant communities. Overall, Suffolk offers a mix of rental properties, from period houses to modern flats, catering to different preferences and budgets.
Investors:
For investors looking to enter the Suffolk property market, the region presents a promising opportunity. With house prices steadily increasing, there is potential for good returns on investment, particularly in areas like Newmarket (CB8) and Lowestoft (NR32). Rent prices have also been on the rise, offering a reliable income stream for buy-to-let investors. Availability of investment properties is decent, with opportunities to purchase both residential and commercial properties. Popular areas for investors include Beccles (NR34) and Haverhill (CB9), known for their growing rental markets and potential for capital growth. Overall, Suffolk offers a diverse range of investment options, making it an appealing choice for property investors.
Homebuyers:
For homebuyers in Suffolk, the property market has seen a steady increase in house prices over the past year. According to the latest data, the average house price in Suffolk is £325,000, with areas like Ipswich (IP1) and Bury St Edmunds (IP33) showing the highest demand. Availability of housing stock has been relatively stable, but with a slight decrease in recent months, leading to increased competition among buyers. Popular areas for homebuyers include Woodbridge (IP12) and Aldeburgh (IP15), known for their picturesque surroundings and good transport links. Overall, Suffolk offers a variety of property types, from historic cottages to modern apartments, making it an attractive option for those looking to buy a home.


Renters:
For renters in Suffolk, the rental market has seen a slight increase in rent prices, with the average monthly rent standing at £900. Towns like Sudbury (CO10) and Stowmarket (IP14) have shown high rental demand, particularly for one or two-bedroom properties. Availability of rental properties has been fairly consistent, with a good range of options available for renters. Popular areas for renters include Hadleigh (IP7) and Felixstowe (IP11), known for their coastal location and vibrant communities. Overall, Suffolk offers a mix of rental properties, from period houses to modern flats, catering to different preferences and budgets.
Investors:
For investors looking to enter the Suffolk property market, the region presents a promising opportunity. With house prices steadily increasing, there is potential for good returns on investment, particularly in areas like Newmarket (CB8) and Lowestoft (NR32). Rent prices have also been on the rise, offering a reliable income stream for buy-to-let investors. Availability of investment properties is decent, with opportunities to purchase both residential and commercial properties. Popular areas for investors include Beccles (NR34) and Haverhill (CB9), known for their growing rental markets and potential for capital growth. Overall, Suffolk offers a diverse range of investment options, making it an appealing choice for property investors.

Last updated on 31 Jul 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for IP2 0LQ
Estimated yield for property investors
4.13%
Yield
The estimated yield for the IP2 0LQ postcode area is 4.13%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in IP2 0LQ?
The recently sold properties table lists homes around IP2 0LQ that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
Date | Price | Property Address | Property Type | Estate Type |
---|---|---|---|---|
08 March 2024 | £460,000 | 9 Collinsons, Ipswich, IP2 0DS | Detached | Freehold |
17 November 2023 | £280,000 | 10 Campion Road, Ipswich, IP2 0LJ | Semi-Detached | Freehold |
22 September 2023 | £137,500 | 61 Iris Close, Ipswich, IP2 0NA | Other | Leasehold |
09 February 2024 | £230,000 | 1 Bluebell Close, Ipswich, IP2 0NJ | Terraced | Freehold |
03 April 2023 | £237,500 | 28 Poppy Close, Ipswich, IP2 0NX | Flat/Maisonette | Freehold |
01 March 2024 | £200,000 | 12 Hawthorn Drive, Ipswich, IP2 0PA | Semi-Detached | Freehold |
05 December 2023 | £233,000 | 14 Kingfisher Avenue, Ipswich, IP2 0QN | Terraced | Freehold |
30 November 2023 | £233,000 | 38 Redwing Close, Ipswich, IP2 0RQ | Semi-Detached | Freehold |
12 June 2023 | £240,000 | 38 Swallow Road, Ipswich, IP2 0TN | Semi-Detached | Freehold |
24 November 2023 | £67,000 | The Spectrum Flat 306 Dunlop Road, Ipswich, IP2 0UJ | Flat/Maisonette | Leasehold |
14 November 2023 | £170,000 | 1 Luther Road, Ipswich, IP2 8BL | Terraced | Freehold |
12 October 2023 | £133,000 | 38 Ashley Street, Ipswich, IP2 8DS | Terraced | Freehold |
12 February 2024 | £140,000 | 27 Croft Street, Ipswich, IP2 8EF | Terraced | Freehold |
29 February 2024 | £205,000 | 39 Rectory Road, Ipswich, IP2 8EH | Terraced | Freehold |
14 December 2023 | £105,000 | 12 Stokebridge Maltings, Ipswich, IP2 8EU | Flat/Maisonette | Leasehold |
19 December 2023 | £285,000 | 67 Wherstead Road, Ipswich, IP2 8JJ | Other | Freehold |
31 October 2023 | £893,397 | 332 Wherstead Road, Ipswich, IP2 8LF | Other | Freehold |
24 June 2022 | £332,806 | 23 Clay Pond Way, Wherstead, Ipswich, IP2 8NE | Other | Freehold |
13 May 2023 | £250,000 | 22 Jamestown Boulevard, Ipswich, IP2 8TA | Terraced | Freehold |
31 October 2023 | £300,000 | 12 Gippeswyk Road, Ipswich, IP2 9AB | Semi-Detached | Freehold |
22 November 2023 | £160,000 | 34 Salmet Close, Ipswich, IP2 9BA | Flat/Maisonette | Leasehold |
08 December 2023 | £330,000 | 22 Kirkham Close, Ipswich, IP2 9BD | Detached | Freehold |
08 December 2023 | £217,500 | 15 Heatherhayes, Ipswich, IP2 9DE | Terraced | Freehold |
20 November 2023 | £265,000 | 23 Waltham Close, Ipswich, IP2 9DJ | Semi-Detached | Freehold |
27 July 2022 | £220,000 | 17 Lakeside Close, Ipswich, IP2 9PY | Semi-Detached | Freehold |
29 February 2024 | £340,000 | 71 Eccles Road, Ipswich, IP2 9RE | Detached | Freehold |
03 October 2023 | £285,000 | 67 Eccles Road, Ipswich, IP2 9RE | Detached | Freehold |
15 December 2023 | £325,000 | 32 Belmont Road, Ipswich, IP2 9RH | Detached | Freehold |
12 December 2023 | £260,000 | 7 Ellenbrook Green, Ipswich, IP2 9RR | Other | Freehold |
04 March 2024 | £240,000 | 25 Wigmore Close, Ipswich, IP2 9SW | Semi-Detached | Freehold |
30 November 2023 | £185,000 | 138 Chesterton Close, Ipswich, IP2 9UJ | Terraced | Freehold |
05 December 2023 | £135,000 | 53 Girton Way, Ipswich, IP2 9UL | Flat/Maisonette | Leasehold |
Please note that house prices for properties sold in and around IP2 0LQ during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated